This is exactly what mega-corporations want. If we save money, they don’t get it.
The powerful rich are always pushing for the closest thing to slavery they can get away with.
Once they have everything, then what happens next? If there is nobody to buy things
Why we are not having kids or even getting married can’t collect my debit when I am dead and have nothing. Just go full nihilist
On the other hand, some of them just refuse to do any overtime or aim for promotion. It won’t get them any closer to their goals so why bother. It’s quiet quitting by default.
I’ve never understood “quiet quitting” as a term. When did just doing your job become something that needs a term? “Working adequately” seems more apt, but I can’t imagine the context that would be worthy of discussion outside an employee review.
They used to say “give it 110%”
In that context, here is a little decades old joke about that.
If: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z is represented as:
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26.
Then:
H-A-R-D-W-O-R-K
8+1+18+4+23+15+18+11 = 98%
and
K-N-O-W-L-E-D-G-E
11+14+15+23+12+5+4+7+5 = 96%
But,
A-T-T-I-T-U-D-E
1+20+20+9+20+21+4+5 = 100%
And,
B-U-L-L- S-H-I-T
2+21+12+12+19+8+9+20 = 103%
AND, look how far ass kissing will take you.
A-S-S-K-I-S-S-I-N-G
1+19+19+11+9+19+19+9+14+7 = 118%
So, one can conclude with mathematical certainty that while Hard work and Knowledge will get you close, and Attitude will get you there, it’s the bullshit and Ass kissing that will put you over the top!
Lolbruh. Yeah, I made the poor decision of getting a phd. At least it was in the hard sciences, so I learned some transferable skills. I BSd my way onto a high-paying career track. You gotta BS.
It’s about creating a negative connotation with doing your job, so you’ll either feel guilty about not doing more than your job, or feel anger at those who do more than you.
You know, keeping the plebes angry at each other so they don’t think too hard about the wealthy.
I can give you a real answer if you’re sincere, but this tends to disappear into downvote oblivion.
Quiet quitting is a sudden and noticeable shift, not in reduced performance, but engagement and morale. Increased negativity, pessimism, criticism, etc. It adversely affects team morale, often resulting in reduced performance of others. It’s more effective than you may think.
A good manager would address this with questions to better understand the sudden change in job satisfaction, and meet those concerns with change. Most seem to be complaining that they don’t have a reason to fire the team member, which is why you always read about “continuing to meet performance expectations.” If a manager told me the latter, I’d address it as a failure of their leadership skills.
I started quiet quitting after it came to light that the new hires with zero experience were being paid more than I was, someone who had been there for over a year, and already had 5 years of experience. I no longer give a shit about the company, because they made it clear they don’t give a shit about my contribution. If you want people to put in extra effort, you have to give them extra money. Once you cheat an employee, they’re not gonna get over it because of a pizza party. fucking pay them.
Again, it’s not about effort or results, but morale. Unequal pay is an absolutely justifiable reason for low morale.
You’re either lying or you’re simply misimformed. You didn’t mention staying late and doing extra work, which is what most people have meant when using that term to denigrate workers that do their job well but leave immediately after work is completed.
Ah, that makes sense. I’m in the military, and we have a similar thing for people who are either due to transfer or retire in the next couple months: FIIGMO. It means “Fuck it, I’ve got my orders.” (For clarification, orders in this context are travel/Primary Change of Station/Retirement Orders, a written and signed document saying they’ll be leaving)
It seems like a weirdly deliberate term for something that has been around forever and typically just attributed to low morale. It makes it seem like a person unhappy at work but just doing their job is somehow sticking it to their boss/company. I’ve dealt with a lot of people like that, both as a peer and a supervisor, and it was never them doing anything intentionally, just being unhappy (and most of the time it had nothing to do with the pay or conditions, just not being suited to the job or general attitude toward life). They could often be a blight on morale, though, so I see how it could be frustrating for supervisors (and peers, they made work miserable for everyone).
Fuck overtime. Forty hours a week is plenty.
“Consumers demoralized by capitalism…” …paywall…
Let’s go a little hollow, as a treat 💀
This is true, I asked a new-ish employee about getting/saving for a house and she was like, “why bother? They cost to much.”
the price of homes goes up faster than anyone can save. that’s the problem.
housing prices used to rise at or below inflation. now they rise at like 3x inflation.
Every time I read the phrase ‘the American Dream’ I think of the part of Fear and Loathing in Las Vegas when, after spending the whole novel trying to find the American Dream, they’re given directions, only to find the remains of a burnt-down nightclub, “a huge slab of cracked, scorched concrete in a vacant lot full of tall weeds.”
Thompson rightly concludes that the American dream is already dead by the 70s.
If you look west you can almost see the place where the wave broke and rolled back…
Thompson rightly concludes that the American dream is already dead by the 70s.
Important context for that is that the novel is a famous, and relatively early, meditation on the failures of the 1960s counterculture movement and the intense, if ultimately unfocused vision for a better future for the nation that was central to it.
“Everything is very expensive, and people can’t save money”
FTFY
Its a curious state of affairs, because the stock market has been booming all the while.
If you have savings you’re getting enormous passive incomes. 20-30% jumps in accumulated investments annually. If you don’t have savings you’re watching prices skyrocket while salaries flat-line in the face of anti-inflation economic policy.
This does kinda raise the question “Where are equities markets getting all this extra cash from?” And the answer appears to be… its very profitable to charge people more and pay them less.
The stock market is a measure of how much wealth can be extracted from the working class.
It does not measure the health of the economy. That sometimes the market is doing well as the economy is doing well is closer to coincidence than causality.
The fact that the working class can no longer save money, and must spend every dime is great for the stock market. Next they will come for the dollars we have not spent yet. Because mortgages are no longer feasible for most people they’ll have to find new debt traps. Cars will skyrocket in price, you’ll be able to take out a loan to rent an apartment. Student debt will spiral to laughably unrepayable levels.
They’ll take every dime we have, then they’ll take every dime we’ll ever make. And when it gets to the point where there’s no more money to bleed, unless a new source of endless dollars can be found, the market will feed on itself.
If you think peacefully protesting Wall Street is going to fix that, I’ll sell you the Brooklyn bridge.
They’ve already taken every dime we’ll make, plus every dime our children and grandchildren will make… That’s what the trillions of dollars in debt is.
The stock market is a measure of how much wealth can be extracted from the working class.
I’d argue it goes beyond that. Quite a few ticker symbols on the NYSE are speculative above and beyond anticipated surplus extraction. They’re functionally auction prices on coveted luxuries.
Because mortgages are no longer feasible for most people they’ll have to find new debt traps. Cars will skyrocket in price, you’ll be able to take out a loan to rent an apartment. Student debt will spiral to laughably unrepayable levels.
These have largely come to pass. The “loan to rent” is just your deferred payment on credit card debts to cover rising rental rates.
If you think peacefully protesting Wall Street is going to fix that, I’ll sell you the Brooklyn bridge.
Sure, I can buy it. I just don’t try to cross it for fear the NYPD will arrest me.
stocks are as divorced from actual value now as cryptocurrencies. real estate too. it’s all grift all the time. have a look at the value of djt or tsla, they’re nfts.
it’s all grift all the time.
Its decades of cheap lending to people with all their consumer needs satisfied. If I can borrow at 4% and get 20% ROI, I’m going to borrow every dollar I can get my hands on.
On the flip side, you’ve got private lenders offering double-digit interest rates to the underclass. They’re lucky to get a cost of living increase year over year. So you’re asking people to borrow at 20% with the expectation of a 2-4% ROI.
have a look at the value of djt or tsla, they’re nfts.
DJT is fucking hilarious, because its pure vaporware. But TSLA does actually have factories and vehicle stock and revenue streams and such. Its mismanaged and overvalued, but there’s some amount of there there.
But who is holding Tesla? Vanguard Group, BlackRock, State Street Corp, and Geode Capital Management all have access to the Fed credit window - either directly or through proxies - and can borrow at miniscule rates. They get a positive ROI so long as Tesla appreciates at all. And the long term ROI on an electric car company looks pretty good, even if its overvalued in the short term. So buy buy buy!
Look up the Haymarket square protest.
“A harsh anti-union clampdown followed the Haymarket incident and the Great Upheaval subsided. Employers regained control of their workers and traditional workdays were restored to ten or more hours a day. There was a massive outpouring of community and business support for the police and many thousands of dollars were donated to funds for their medical care and to assist their efforts.”
bootlickin’ since time immemorial
Support for the 8 hour day also blossomed after the Haymarket incident. It lead directly to May day.
you’re right, but i’d love to see, just for once, the people clap back with fierce resistance that amounts to “FUCK YOU I WON’T DO WHAT YOU TELL ME”. fuck the waiting period of change. i just want to know that we have the power to resist without compromise.
and when i say ‘the people’, i really mean the radical progressives.
- It’s* a curious state of affairs
- it’s* very profitable
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“Getting screwed by government”
That’s the primary issue. Stop deflecting from the fact. Government is and always has been a problem. Fix government spending, checks and balances, audit the fed thoroughly, and everything else will fall in line.
Oh. Oh shit it hurts that reading this made me self-aware of this behavior. It’s one thing to be in this mindset and not be aware of it and it’s another to have it written out in front of you. 🤢
Ya know, I’ve been saving better than most my age. 401k, savings account, emergency fund, investments, crypto, etc. and I keep being reminded that no matter how much I save, I’ll still never achieve the American dream without help.
I’m in a similar boat, minus crypto. If anything it’s made me realize how big that chasm has become.
What the fuck is this American dream anyway?
The headline reads like big retail trying to squeeze more profits. Of course people aren’t saving as much, they have to buy groceries.
No, but even for those of us with some extra money… we’re not building a savings pile for a house or anything… we’re just spending the extra on doing things and buying stuff beyond our needs.
This is how you never accumulate wealth…
Itty bitty savings will never lead to wealth either. The working class and “middle class” that remains has a low enough income to recognize this.
we’re just spending the extra on doing things and buying stuff beyond our needs.
That’s one of many problems and majority of the people who fit this category like to point the finger at anything and everything else… when the problem is themselves and their spending habits.
🙋♂️ That’d be me. Keep moving the goalposts society. I’m over it. I’ll wait for my mom to die to get her house. Idgaf anymore. Don’t need a house.
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Same. My dad dying and leaving me his house is the only way I was able to afford to stop renting and stop living paycheck to paycheck. A perk of being an only child I suppose.
Organize a mass, simultaneous bankruptcy filing nationwide. Overwhelm the system with claims, and all debt collection ceases the moment you file for bankruptcy while the claims are being processed.
Well, you gotta be asleep to believe the American Dream, so maybe this means a lot of people are waking up.
By brother in Satan, high inflation makes you spend money now. It’s either that or going to hell.
Im saying that this bs is out of some relative comparison of how much generations are saving/investing. Everyone tried saving. But with low relative wages ofc ppl wont save as much as eg boomers - they didn’t give up vacations or buying whatevers, but still saved money. Younger gens are just left with no money after that.
And also falling relative wages (inflation) makes you buy things asap to actually save money.
I’ve gone the other way with this. I’ve significantly cut my spending down in the last couple years. No more eating out, no vacations, grow my own food, don’t eat meat, no ac and minimal heating to only to keep pipes from freezing. Even with all that and more I’m spending as much as I did a few years ago but a much more restricted lifestyle. Be cool if my pay rate kept up with this inflation but my union agreed to a shit contract just before all this started.
This is literally a tool tip in the fascist parody helldivers 2.
We have been very lucky and fortunate to acquire the American dream. My wife and I wouldn’t have been able to do it without the help of her family though. Every time I look at the housing market it’s only gotten crazier.
having family help isn’t the american dream. that’s the aristocratic dream, where land is only owned by the wealthy who inherit it.
It blows my mind that the world basically runs on Monopoly money and accounting smoke and mirrors.
spoiler
The median home prices in California where I’m at.
I’ll see ya’ll in the Far North I guess. I’ll bring my own meth.
I’m in the SF bay area. FML
Living there for two years… I realized I needed to gtfo of California. Thankfully I did two years ago.
